Joint and Last Survivor Life Annuity. An annuity payable monthly during the joint lifetime of the Annuitant and a secondary annuitant, and thereafter during the remaining lifetime of the survivor, ceasing with the last annuity payment due prior to the death of the survivor.
Appears in 2 contracts
Samples: Separate Account Va 1 of the American Franklin Life Ins Co, Separate Account Va 1 of the American Franklin Life Ins Co
Joint and Last Survivor Life Annuity. An annuity Annuity payable monthly during the joint lifetime lifetimes of the Annuitant and a secondary annuitant, the Joint Annuitant and thereafter during the remaining lifetime of the survivor. At the time of electing this Annuity option, ceasing the Contract Owner may elect reduced payments over the remaining lifetime of the survivor. Payments will cease with the last annuity payment due prior to the death of the survivor.
Appears in 2 contracts
Samples: Individual Flexible (Hartford Life Insurance Co Separate Account Three), Individual Flexible (Hartford Life Insurance Co Thomson McKinnon Separate Acct)
Joint and Last Survivor Life Annuity. An annuity Annuity payable monthly during the joint lifetime lifetimes of the Annuitant and a secondary annuitant, the Joint Annuitant and thereafter during the remaining lifetime of the survivor. At the time of electing this Annuity option, ceasing the Contract Owner may elect reduced payments over the remaining lifetime of the survivor. Payments will cease with the last annuity payment due prior to the death of the survivor.. FIFTH OPTION -
Appears in 1 contract
Samples: Individual Flexible (Itt Hartford Life & Annuity Insurance Co Separate Account On)